Officer, Corporate and Business Compliance at Rwanda Social Security Board (RSSB) Deadline 02 April, 2024
- JOBNUMBER
- RSSB00115
- CLOSING DATE
- 02-Apr-2024
Exciting Career Opportunity at the Rwanda Social Security Board (RSSB) – Officer, Corporate and Business Compliance
Are you passionate about corporate and business compliance? Do you possess a strong understanding of compliance principles and enjoy working in a dynamic team environment? If so, we have an exciting opportunity for you to join our Compliance team as an Officer, Corporate and Business Compliance.
As an Officer, Corporate and Business Compliance, you will play a pivotal role in realising our aspirations by assisting in the implementation of the execution strategies and plans of the corporate and business compliance function. Your contribution will directly impact the business stability and security of our members, stakeholders and the Rwanda citizens at large.
Reporting to the Manager, Corporate and Business Compliance, the Officer, Corporate and Business Compliance will be responsible for implementing legal and regulatory compliance programs laid out by the RSSB management. Your responsibilities will include assisting various RSSB functions in participating in drafting of RSSB compliance policies and guidelines, identifying compliance weaknesses,evaluating corporate and business activities to assess likelihood of compliance risk and much more.
About RSSB
The Rwanda Social Security Board (RSSB) has the mandate to manage and promote social security in Rwanda. RSSB’s vision is to provide a comprehensive social security system that caters to the diverse social security needs of the population, RSSB plays an important role in realising Vision 2050 and the National Strategy for Transformation (NST1). RSSB manages six social security schemes, namely: Pension, Occupational Hazards, Medical scheme, CBHI, Maternity Leave Benefits and EjoHeza (Long-term Saving Scheme).
As a leading player in the financial sector, RSSB serves as the largest institutional investor in Rwanda. With assets under management amounting to 1.9 trillion Rwf, which is equivalent to 17% of the country’s GDP, RSSB invests in key sectors of the economy and plays a crucial role in providing up to 20% of liquidity for the financial sector. With approximately 12 million members in the above six schemes, encompassing close to 90% of Rwanda’s population, RSSB is at the forefront of securing the health and financial well-being of Rwandans.
To achieve its important mandate, RSSB is embarking on a transformative journey, aiming to become a modern, data-driven, and high-performing institution. As part of this ambitious initiative, we are seeking highly motivated individuals who are results-oriented and uphold the highest standards of professionalism and integrity. By joining RSSB, you will have the opportunity to actively contribute to the advancement of social security and overall transformation of Rwanda.
Key Duties and Responsibilities
- Proactively audit processes, practices, and documents to identify compliance weaknesses.
- Ensure that assessment findings are recorded and followed up with management so that compliance issues can be rectified.
- Develop and implement periodic training for all departments to ensure staff awareness of potential and existing compliance matters and market trends applicable to RSSB.
- Report on current corporate and business risk and compliance performance.
- Contribute to robust and effective compliance controls within the Institution.
- Review marketing materials, presentations, and websites to ensure compliance with regulatory requirements.
- Assist in gathering internal information in response to regulatory requests.
- Collaborate with other departments to create a culture of compliance.
- Determine compliance metrics and establish a system for tracking them.
- Perform compliance audits to determine whether established protocols are being followed and propose improvements.
- Create a compliance resource library for staff members to reference when they have questions.
- Prepare and timely submit periodic and annual reports as required.
Key Qualifications and Experience
The successful candidate must have at least:
- Master’s Degree in Business Law, Regulatory Affairs, Corporate Governance, Risk and Compliance Management, Economics, Data science, Finance, or any other relevant field
OR
- Bachelor’s Degree in Law, Economics, Data science, Finance, or any other relevant field preferably with 2 years relevant experience
Key competencies
Technical Competencies:
- Compliance Management Skills
- Business Continuity Management Skills
- Enterprise Risk Management Skills
- Corporate Governance Skills
- Risk Management Assurance
- Financial Risk Management
- Ability to connect the dots
- Understanding sector trends
- Information sharing
- Knowledge of relevant laws, policies, and regulations
Behavioural Competencies:
- Client Service Focus
- Communication & Interpersonal Skills
- Integrity and Compliance
- Proactive and Engaging
- Breakthrough Innovation
- Technology Savvy
Additional Information:
The position is based in Kigali, Rwanda and applicants must be willing to relocate outside their countries of domicile.
RSSB reserves the right to appoint or to issue an employment contract to the successful candidate.
Interested candidates are advised to visit the RSSB website for a more detailed job description for the role, and submit your application online by Tuesday 2 April 2024.
In addition, please attach a curriculum vitae that contains details of your qualifications, experience and positions held relevant to this role. Include your day and evening telephone numbers, email address, names and address of three professional referees. Also, attach copies of your academic and professional qualifications.
Any form of canvassing will lead to automatic disqualification.
Only short-listed applicants will be contacted.
Shortlisted candidates will be required to submit a valid Criminal Clearance Certificate.
RSSB is an Equal Opportunity Employer
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